Samsung has suspended product shipments to Russia due to current geopolitical developments.
Ahead of the Samsung announcement, Mykhailo Fedorov, who serves as Ukraine’s vice prime minister and oversees digital operations, sent a letter to Samsung vice chairman Han Jong-hee to urge the Korean tech giant to temporarily cease supplying services and products to Russia.
“We need your support — in 2022, modern technology is perhaps the best answer to the tanks, multiple rocket launchers and missiles targeting residential neighborhoods, kindergartens, and hospitals. Stay with Ukraine and save millions of innocent lives!” Semiconductor sales account for less than 0.1%, according to a report by Hana Financial Investment. Samsung also has a TV production plant in Kaluga, Russia.
Korean Air Lines Co. said on Friday that it would skip its cargo services to Moscow for two weeks, while ocean carrier HMM Co. halted bookings in and out of St. Petersburg.
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